Master of Arts / Master of Sciences (Regulatory Governance)

Location: Mumbai

School: School of Habitat Studies

Intake: 20

Eligibility

a) Programme require completion of Bachelor's Degree of minimum of 3 years duration or its equivalent ( under the 10+2+3 or 10+2+4 or 10+2+2+1 year bridge course pattern of study or any other pattern fulfilling the mandatory requirements of 15 years formal education) from a recognised university, in any discipline.

b) At the time of applying candidates studying in 3 year degree progremme should have passed in all the subjects for the 1st to 4th semesters and candidates studying in 4 year degree progrmmes should have passed in all the subjects for 1st to 6th semester.

c) Only those Candidates who will be able to complete all the requirements of their final year Bachelor's Degree examinations by June 02, 2018 are eligible to apply to all the programme.

Till the time the candidate submit results of the final year degree examination, admission to any of the Master's Degree Programmes of the Institute will be provisional. The results of the final examination have to be submitted before September 29, 2018. Those who fail to do so the provisional admission stands cancelled.

The Master of Arts / Master of Sciences (Regulatory Governance) (hereafter referred to as programme) seeks to provide a comprehensive understanding of contemporary regulation theory and emerging regulatory practice models, both at the national and international levels, taking on board oft-neglected critical dimensions such as equity, environment, democratic participation, and sustainability concerns. It is a multi-disciplinary programme and aims to develop socially responsible and environmentally conscious professionals in the emerging field of regulatory governance. Regulation is broadly understood as an effort by the state to address social or environmental risk, market failure, or equity concerns through rule-based direction of social and individual action (as defined by Planning Commission, GoI, see: planningcommission.nic.in/ reports/genrep/infra_reglawl.pdf ). The State currently regulates the private and public business sectors (like infrastructure, services, finance, technology, consumer goods) as well as social sectors (like public services, public health, safety, environment, human rights) in India.

Regulation is done either by specially constituted autonomous regulatory agencies (such as the Electricity Regulatory Commissions, Telecom Regulatory Authority of India, Competition Commission of India) or by the respective government departments and ministries, administering the sector. Regulation seeks to achieve critical social, economic, and environmental goals including controlling monopoly practices, providing a level playing field for competition, protecting rights, promoting equity, enhancing efficiency, costeffectiveness, improving service quality, and reducing or ameliorating environmental impacts. There are various tools and mechanisms used for regulation such as tariff setting, determining quota or entitlement, setting service and other standards, adjudication, permits and concession contracts, and monitoring and enforcement.

The programme equips the students with strong conceptual and theoretical understanding, as well as practical skills to analyze and design regulatory solutions for a given problem. This combination of theory and practical skills will help students to effectively engage in and with regulatory activities and processes, in various sectors. The programme is systematically structured as a sequence of courses of the following types, which act as its building blocks: (a) foundation courses (b) perspective courses providing exposure to critical debates (c) theory courses, (d) skill building components (e) courses providing exposure to field and (e) practical components. It provides an opportunity to build perspectives and skills within this complex discipline, through active learning from skilled experts and practitioners in the field.

The programme is open to students from diverse disciplinary backgrounds ranging from economics, engineering, law, public policy, public administration, management, finance, political science, social work, pharmaceuticals, health and biotechnology, to name a few.

The employment prospects for students after graduation in this emerging field are expected to be very high. Students of this programme will find employment in institutions and agencies within the burgeoning regulatory domain, ranging from government bodies, independent regulatory institutions, private and public sector enterprises, non-governmental organisations, law firms, management consultants and research centres.

Distribution of Credit Hours:

Semester

Credits

I

17

II

20

III

19

IV

10

Total

66

Semesterwise Courses:

Semester

Course Code

Course Title

Credits

I

Part 1: Foundation Courses

FC

Foundation Course

6

Philosophy of Research

1

Part 2: Introduction to Regulatory Governance

RG 1

Introduction to Public Policies: Concepts, Theory, and Practice

2

RG 2

Indian Legislative, Legal, and Administrative System

2

RG 3

Concepts and History on Regulatory Governance

2

RG 4

Basics of Financial Analysis

2

RG 6-1

Economics for Regulation

2

RG 7

Research Methods -I

2

II

Fundamentals of Regulatory Governance

RG 5

Theories and Perspective in Regulatory Governance

2

RG 6 II

Economics for Regulation

1

RG 8

Financial Aspects of Regulation

2

RG 9

Regulatory Impact Analysis

2

RG 10

Instruments of Regulation – I

2

RG 12

Research Methods - II

2

RG 13

Introductory Course on Sectoral Regulation

4

RG 14

Law for Regulation

2

RG 15

Regulatory Clinic-I

1

CBCS

Elective Foundation

2

CBCS

Open Elective

2

Summer Vacation

--

Summer Internship (mandatory, non-credit,)

0

III

Advanced Courses on Regulatory Governance

RG 11

Basic Course on Regulatory Skills

1

RG 16

Introduction to Social and Environmental Regulatory Rationales

2

RG 17

Instruments of Regulation – II

3

RG 19 to RG 22,RG 29

Elective in Sectral Regulation I,II,III #

6

RG 23

Research Design: Theory and Practicum

2

RG 24

Regulatory Clinic-II

1

RG 25

Project or Dissertation -I

2

IV

2

RG 26

Advanced Themes in Regulatory Governance (Modular)$

2

Independent Work

RG 27

Project or Dissertation-II

4

RG 28**

Policy Assignment

2

Notes: the Semester-wise listing of courses is provisional and is subject to revisions as per recommendations of the Academic Council.